Former Broncos tight end Julius Thomas has signed a five-year contract worth $46 million with the Jaguars.

The deal includes $24 million guaranteed.

The Jaguars also are expected to sign Miami defensive end Jared Odrick, Dallas right tackle Jermey Parnell, Green Bay cornerback Davon House, San Francisco linebacker Dan Skuta and Indianapolis free safety Sergio Brown on Wednesday. All six free agents are scheduled to be at an afternoon news conference at EverBank Field.

Jacksonville, which went 9-39 the last three years, had nearly $70 million in salary cap space and planned to spend big in free agency.

Thomas was the most significant addition, giving second-year quarterback Blake Bortles a reliable option to work the middle of the field.

The Jaguars are hiring Greg Olson to be their offensive coordinator according to Jason La Canfora of CBS Sports.

Olson spent the last two seasons with the Raiders. Olson will replace Jedd Fisch, who was fired after the Jags finished last in scoring the past two seasons.

Olson served as assistant head coach and quarterbacks coach for the Jaguars in 2012, overseeing the duo of Blaine Gabbert and Chad Henne.

Prior to joining the Jaguars, Olson served four seasons with the Buccaneers including the last three as offensive coordinator. He spent the 2008 season as quarterbacks coach where he worked with Josh Freeman.